Plan Ledger DOL Form 5500 · updated monthly

Ajinomoto Bio-Pharma Services401(k)

AJINOMOTO BIO-PHARMA SERVICES 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.43%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Ajinomoto Bio-Pharma Services reported $172,340 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $2,785 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,012th-largest of 9,483 plans among California employers on file, and the 3,504th of 13,661 in manufacturing. In 2024, employees put in $2.72 for every $1.00 the employer contributed; active participation has shrunk from 566 to 480 since 2022.

Plan summary
Net assets, end of year$42,954,803
Participants with balances720
Active participants480
Employer contributions$1,336,673
Employee contributions$3,633,834
Employer contribution per active participant$2,785
Average account balance$59,659
Benefits paid to participants$5,015,326
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.0M · 720 accts · $1.3M emplr
2023$37.0M · 795 accts · $1.4M emplr
2022$28.4M · 767 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$172,340
Total administrative$172,340
The Ajinomoto Bio-Pharma Services 401(k) match · 2024
Employer contribution per active participant$2,785
Median for plans this size$2,416
2024$2,785 per active participant
2023$2,443 per active participant
2022$2,248 per active participant

Ajinomoto Bio-Pharma Services's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$172,339
MMA SECURITIES LLC · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$172,340 · 0.43%
2023$138,261 · 0.42%
2022$131,802 · 0.42%
Same employer
Similar plansManufacturing · California
Roederer Estate Inc. CA$43.2M · 0.01%
Nellson Nutraceutical, LLC CA$43.1M · 0.41%
Satco, Inc. CA$43.0M · 0.17%
Talley Inc. CA$43.0M · 0.40%
Sila Nanotechnologies, Inc. CA$42.8M · 0.09%
Bonterra Organic Estates CA$42.8M · 0.12%
Carbon, Inc. CA$42.5M · 0.09%
Amada Weld Tech Inc. CA$42.3M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330788907 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.